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and this brings back sweet memories of when china was very isolated during the cold war. in the end, there's a whole new generation of people who have been much more sophisticated understanding, but that i would say it's a very strong autonomic response to the united states beefing up its forces in australia and then they wake up one morning and burma has flipped on them. it was eternal in terms of their faithful allies. these things caused a lot of consternation. so the old fear of diagnostically speaking in china is to fear with sand and travel without. these things happening around them excite them. >> how much does it add to that anxiety is that all? >> is the most problematic relationship now in japan and this is not good. i have to say i think japan probably hasn't played this as well as it might have, but i think on the other hand it would be fair to say also that it serves china's purposes to have something happening outside his orders which can rally people at home. there's a lot of complex things going on in each of these reactions to foreign movements outside. >> which ma
such as china help keep labor costs low but demands for better treatment is rising and singaporians are struggling to agree on a response. nhk world's mark ho has this report. >> reporter: 171 chinese bus drivers wept on strike last month. they were unhappy over a disparity in pay rise compared to other workers. the walkout was the first in 26 years in singapore which has soviet rules against industrial action. >> translator: i hope the company will grant our request. if they don't, we will have to consider taking further steps. >> reporter: the government's response was swift and strong. 29 chinese strikers were deported. five leading members were arrested. one received a six-week prison sentence. the rare instance of labor and rest grabbed public attention. >> the whole thing that's happening with the chinese, it is kind of like, you know, freak thing that happened. >> reporter: singapore's 5.3 million residents, low-wage foreign workers account for one in six people. workers from china have been favored for their low-wage demands. they also share cultural heritage with singaporia
counterterrorism, and then the u.s. ambassador to china, gary locke, on the relationship between the two countries. >> our first experience was to come in a different way than every other family up here. probably never happen again in history. and it's interesting because after dad was sworn in, we went and took a picture, photo of the family, behind the oval office desk, and that night we didn't get to move into the white house because nixon had left so quickly, so unexpectedly, they left their daughter and son-in-law, david eisenhower, to pack all their clothes and belongings. it literally took seven or eight days. we had to go back to our little house in alexandria, virginia, suburbia, the neighborhood was surrounded by secret service. we had been living there dad was vice president. and i'll never forget. that night mom is cooking dinner. literally, we're sitting around the dinner table, and mom is cooking dinner, and she looked over at my dad and goes, gerry, something is wrong here. you just became president of the united states and i'm still cooking. >> steve ford, linda johnson robb, and j
demand there, and exports to china fell 14.5%. chinese consumers are shying away from japanese goods due to ongoing territorial dispute. >>> japanese university students are busy trying to land a job in an economy that's not proving that welcoming. the japanese firms hire them en masse before they graduate. and third-year students started their job hunting in earnest this month. before most looked for jobs at big firms, but that may be changing. nhk world's shio tanaga tells us more. >> reporter: more than 100 students crowded into this recruitment seminar in tokyo. the company publishes free magazines an has only about 400 employees. until recently small firms such as this one often struggled to attract any students to seminars at this university. nami kitajima has been looking for sales work. she says she doesn't care about the size or fame of the company. >> translator: i'm not looking at how big the firm is. the issue is whether i can gro personally through the company. >> reporter: traditionally, most students have tried to land jobs at leading firms. the belief was that those compa
is leading the charge. i have met with what i think will be the next president of china. we have delegations from china to come here. we're sending delegations there. this is not just business as usual. we're getting detailed committees and proposals, a couple of the key states. we want good coming this way. we want good going out way. -- goods coming this way and we want goods going out that way. >> are you doing anything like that? >> we have been working on the north-south access. we have a biannual that denver works on that brings people together for cultural, business, intellectual exchange and focuses on mexico and chile and brazil. one of the great things we're missing right now, it is part of the root of this mess about it -- immigration. our partners are right there. those old movies where people -- there was the girl next door, and the hero tries to fall in love with some likely candidates. she turns out to be loyal and ticks down her hair and -- takes down her hair and glasses. that is mexico. brazil and you'll get all those countries, we have to go look at china. we have to reach
worked until 66, but i was forced into retirement after my company said most of the job to china. all you have to do is look around and see owns all the gas stations and 7-eleven's. those people are the rich ones that come from their countries and turnaround and bring their servants with them. that is who is running those businesses. host: what do you think needs to happen in the next couple days before the end of the year? caller: one has to happen if the republicans have to agree on bringing the jobs back from overseas. the democrats could maybe agree on cutting back on some of these food stamps, especially for people that have come here and have never worked for the country and don't deserve it. host: on twitter -- another story this morning, this from "usa today." we are still getting your thoughts for the next five or 10 minutes in this first segment of the washington journal on john boehner's "plan b" that was released yesterday in case the negotiations break down over the fiscal cliff. william from north carolina is on our independent line. caller: i was calling to tell you that th
.s. has slapped duties on wind turbine towers on china on price its says were unfairly cheap. this comes as washington welcomes a high-level chinese delegation led by the vice premier. his team is in the u.s. to talk trade and economy. he's expected to meet with u.s. treasury secretary tim geithner tomorrow. wang is the first official from the new leadership team to visit with the u.s. for more on the impact and implications of this, let's speak with frank ching, adjunct associate professor at the chinese university of hong kong. frank, hi. the first news that we're getting out of this appears to be more import duties s. this going to be the theme of u.s./china relations, or do you expect these meetings to be more of a thaw? >> well, i think that these are the first meetings since the new leadership in china was installed. and since president obama saw -- well, won second term. i think both sides want to make use of this occasion to improve their relationship. so this joint annual meeting is a platform, and i think that they will probably be able to achieve some progress on issues of con
of uncertainty. so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if you can get china and europe doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but today, plan b could be sign
interest rates for a long time globally as well, and i think you also have encouraging data points in china, stabilization in europe and the u.s. at 2.7% gdp growth is a little stronger to handle this, so that's why i think you want to be buying on this. >> everybody wants to buy. so many people -- you want to be bullish, but these guys in washington, and gals in washington, give you so little reason to actually be bullish. you're right. the corporate sector you know, loaded with cash, fundamentals turning positive. >> but this is the big difference from last year, last summer where the economy was so fragile. we were in such a fragile state last suggest so it was easy to tip us over. now we're a little better here in the states but a lot better in china, and a little bit better in europe. >> we've got to get to jim. >> because of the contrarian view, jim, is once we get a deal, we sell right into the deal. >> yeah, that's right. i'm going tonight skunk at the garden party here, and i'm geg going to tell you i never thought we'd get a deal. throwing rocks at each other. more likely we won't
that perhaps we may see some kind of stimulus in japan and china. there are still doubts when it comes to copper tp sue? >> all right, ber that, thank you very much. to the trading action on the floor of the nyse, with the dow down just about 11 points. >> there is a lot of topic on it yesterday. i think it is continuing today. let me show you the dow here in a narrow trading range. we wait to see what kind of deal. i think the street believes a deal is coming. take a look at dow jones industrial average. narrow as i gets. the big movers, industrial stocks, home building stocks, all of them are basically flat on the day. there's your dow industrials. these have big the big ones reisn'tly and home boo rerecently and the home builders on the flat side. money going into the stock market and i've seen money coming in through mutual funds too recently. stock mutual funds, money going into europe. money going into the euro and money coming out of gold and bond, sue. this is a very interesting development. it is not so relevant. gold is on the down side. >> it is worth noting. >> there is som
demand is expected in china and india in the next 5 years. while the surge in coal exported from the u.s. to europe-- should peak soon. toyota confirms it will have to pay a record $17.35 million fine. it's being levied against the car giant because it delayed recalling nearly 150,000 lexus rx models due to unintended acceleration problems. the impact on toyota's image may be blunted given that it's in a race with arch rival honda to see which company will be hit with more safety recalls in 2012. morgan stanley will pay $5million penalty over facebook's ipo. regulators in massachusetts are fining the brokerage firm for allegedly disclosing facebook's revenue shortfall to analysts -- but not the general public. according to reports.. morgan stanley alerted analysts a week before facebook ipo-ed on the nasdaq. one of the latest deals on wall street has the media in focus. nielsen which already is said to have a monopoly on gathering tv ratings... is moving into the radio market. nielsen is buying arbitron for $1.26 billion dollars. the deal still needs approval by regulators. meanwhile
. steven chu. the very first asian-american -- as ambassador to the republic of china. we have a lot of accomplishments. it was not that accident, my friends. everyone of you know that you work hard. all these things are done on purpose. i want to let you know that we also can boast twice as many asian-americans on federal benches. those of us to understand the impact of the supreme court and what it can do or on june, we know that having asian-americans on the federal bench is a line up for appointments to the supreme court. thank you very much for this opportunity. i want to say that silicon valley is the birthplace of high-tech. silicon valley is the birthplace of norm. five minutes? thank you very much. [applause] >> thank you, congressmen. we would have extended the five minutes if we got a karaoke's song. >> this event would have not been possible by the financial contributions of our sponsors. we want to thank chevron corp., wells fargo, mcdonald's, academy of arts university, at&t, southwest airlines. if you have not entered their raffled yet, do so later tonight. comcast, wa
on housing and employment data, the global economy continues fragile with the european debt crisis and china i in in. >> rogoff is a professor of public policy and economics at harvard, he is a coauthor of the best selling book, this time is different, eight centuries of financial folly, many consider it to be the authoritative text on the impact of financial crisis around the world. i am pleased to have ken rogoff back on this program. welcome. >> thank you, charlie. >> rose: let me start big, if i may. so i mean, how do you see as we enter a new year the global economy? >> well, to state the obvious, everybody is growing more slowly than they would like to, if at all. europe is basically flat, the u.s. is improving, but it is not exactly galloping and, you know, we are entering probably a weak quarter where people are hoping it will be stronger over the course of the year, china is slowing some and in general all of the emerging markets are slower than they were most of them india has slowed dramatically, brazil is slow, so yes, indeed it is a fragile situation, when the u.s. is one of the
tomorrow. >>> the world bank in the meantime is raising its 2013 economic growth forecast for china and for developing east asia. the organization says that the region remains resilient despite the lackluster performance of the global economy. the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed unfairly low. the news from the commerce department comes as u.s. officials welcomed a high-level chinese delegation for trade and economic talks. the u.s. trade panel has final approval over the duties and is expected to vote on the case in late january. >>> in corporate news, ubs hit with a $1.5 million fine today. that will add up, a few more of those. the swis
into this year. yeah, you know what i'm talking about, china. how about that economy over there? after pausing because the government was busy whipping inflation, now, thank you, late gerald ford, now it's coming on strong. i think growth in china's accelera accelerating. the stock market might be the most undervalued in the world. the stock market entirely could be under valued. how many short sellers told you to do the opposite and sell that market? after the steam roller it's been of late, what exactly are the short sellers saying now? i don't know, i'm not hearing them clearly. i'm not listening. i'm not, no, i'm not hearing. europe and china both were supposed to slip into oblivion in 2012. that was the easiest story, everybody wrote it. turned out two fabulous places to invest. how about this housing market? most common worry, the dreaded shadow inventory. oh, the shadow inventory. >> the house of pain. >> so many banks and so many homes said the books could never recover. wasn't that the narrative? now, where are we? the shadow inventory turned out. the banks that were thought to be a t
of plants here, almost a hundred species from japan and china and bamboo and native plants. >> they're trimmed to a human scale so you relate to them on a human level. >> this is one of my favorite sections and you can see the goarnlrous maples by the bamboo back drop and especially beautiful in the fall when the leaves start changing colors. just around the corner from maple lane this little garden is called a zen garden, a dry landscape garden and constructed here in 1953. this was originally designed by zen monks for the ground. their main purpose was to create a trairchg tranquil setting for the monks. this is no ordinary bridge. it's made of redwood, oak and cedar. the high arch style makes it easy to pass under. the newly refurbished tea house is in the center of the gard scpen a great place to eat and chill as you take in the view of the garden. if you wish you can experience the rich cultural tradition that celebrates the preparation of green tea or matcha and your host dressed in the ceremony will demonstrate how to clean the utensils and receive and drink tea with an
in china, but they are made out of cattails. >> these pieces of here, you have a whale head and various animals and their health over there, and they are jewelry. >> we do fund raisers for nonprofits, so we are doing a project for the magic theater, so there are some pretty funny cartoons. they are probably not for prime time. >> you sort of have a kind of holistic relationship where you might do merchandise in the store that promotes their work and practice, and also, prince for them. maybe we should go back and look at the print operation now. >> let's go. >> before we go into the print shop, i noticed some incredible items you have talked back here. what are we standing in front of? >> this is william wiley, only one earth. this is a print edition. there are only eight total, and what we wanted to do was expand the idea of printmaking. this is really an art object. there we go. >> besides the punball machine, what do you produce in limited edition? >> there is the slot machine. if you win the super po
neighborhood of seattle, washington. his parents immigrated to the u.s. from china and the 1930's. his father fought in world war ii and worked as a cook. he passed away when the mayor was 15. his mother was a seamstress and a waitress. mayor lee has five siblings, he graduated from college in maine, he also went to uc- berkeley law school and finished in 1978. he and his wife have two daughters. i also want to mention, prior to becoming mayor, one of the key points in his contributions to the community is after he completed law school, he worked as a managing attorney for the san francisco asian law caucus, where he was an advocate for affordable housing and the rights of immigrants and renters. mayor lee -- [applause] >> thank you. welcome to city hall. the people's city hall, san francisco. i want you all to note that that was such a wonderful rendition of our national anthem. please give another applause to the millennium -- melanie and her daughter. i am so excited about all of you and seen so many of you from all over our state. come to city hall anin san francisco, welcome. i would lik
. china coming back. gm rationalizing europe. >> gm europe, when you say a couple quarters behind ford, are you saying progress in the quarterly financials? >> committed to rationalizing europe. >> again, a larger theme of excess capitalization at u.s. corporations, and the fact that so much money is sitting on balance sheets doing nothing. >> did you read oracle? how much money do they have. they bought back 10 billion worth of stock. these companies, you read through their stories, and you say, not only did they not extend themselves during this downturn, they conserved a lot of cash. by the way, humans did, too, in america. have you seen the numbers that the federal reserve put out last night about how much money is being -- how little debt is being taken down by citizens. we're back to levels of the '90s. federal household debt service came out last night. the percentage of disposable income is 14%, down to 10%. that's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from overweight to equal weight. consumer deleveraging in their view coming to an end. and
rally? >> yacht, you do. the market are trying to build in higher interest rates, growth in china, europe has itself under control in america is about to. they are the leaders right now. liz: are we at $90?f course thet session. >> we are right there, but i will stick with my gun and say what we said last year. i am a buyer at 85, that is supply and demand thing. with the market the way we are at the end of the year, low volume tends to get in the way. i think financials getting spiked over the year, more of a rally tomorrow but i will stick with my gun, don't think you'll miss the move if you don't get in here at the dollars going forward. i am a buyer at 85, a seller at 90. liz: more than $0.50 away. when we started we were $0.03 away. >> it is a lot easier than it looks, good luck selling $90. liz: $89.51 at the moment. thanks to everybody on the floor show. we'll watch the market so carefully but when you pick apart individual stories the one that has captured the attention of this nation today in a very big way is the facebook instagram story. dollar signs dancing is now turn
invited a number of us to go with them to china. it was quite an experience. senator stevens, of course another world war ii veteran, had flown the first cargo plane into what was then the king in 1944 and of course senator inouye was well regarded in china for that service. so the group of senators, there must have been a dozen of us from both parties, got more time with mr. hu and mr. wu the one and two leaders of china than almost the present of the united states would have. we recorded almost every -- because of the presence of senator inouye and senator stevens. they were like brothers. they called one another brothers. they acted that way in private and they served that way in the senate as chairman and vice chairman and chairman and vice chairman of the defense appropriations subcommittee. day, over a number of decades, single-handedly changed our american defense posture and they did it with skill and patriotism and knowledge of our structure that very few could have. several senators have mentioned how bipartisan dan inouye was. he was of the old-school. not a bad school for
that would slow you down. >> i see, okay. because i think that the analogy i made in terms of china, everybody is mad at china for selling our movies and music, but yet for an individual, you don't have that kind of right. you own the picture, you took it. >> intellectual property. >> facebook owns instagram. do you think this was a shocker? >> i know those guys, they're really intelligent, they typically try to do things the right way and this one apparently got a little away from them. >> we were talking for a long time, we have been talking for a lock time about retailers going out of business bought of dot comes. what's new here? >> the share of retail done by the online players just keeps expanding in the key categories. basically everything other than what you consume, grocery and drug, is the online guys are getting more and more share. the retail pie is only so big. online guys extend their share of the pie, the part left for the physical guys, it shrinks and they've got such high fixed cost structures that they can't survive that. and so, the logical implication for a lot o
and china will be great destinations and that is where populations are. tracy: what about us at home? we see more money coming to us? >> we have. the u.s. is projected based on capitol confidence arometer ernst and young twice a year, the second most popular destination point for inbound foreign capital. it is happening because we are a more stable economy and have population growth, currency is cheaper and the overall strength of our sovereign sort of picture gives investors more confidence. tracy: we don't want to take a shot, the only way to grow a companies to build something buy something. we are not doing that. >> organic growth is tougher today. you do see u.s. corporate and investors investing in the emerging market so there's a lot of interest in china and india and brazil. focus on the trends, where there will be the best economics. tracy: i wish i had better news. and stan young america's vice chair, thank you. ashley: liz claman will take us through the last hour of trading. she has the ceo of cantor fitzgerald and neo city's largest pension fund, new yorkers to bail on gunstock
that johnson & johnson has taken it out of their products in china and other countries but not in the united states, well, if you can do it in one country, why can't you do it in all of them, doesn't everybody deserve safer baby shampoo no matter where they live? that put a lot of pressure on them because the consumers said we don't want those things in our products and the change happened and now they have a plan with timelines and clear transparent goals to get those chemicals out of their products. it might be a little slower than we'd all like as consumers but it's moving in the right direction and getting one major company to move put a lot of pressure on those other companies if they want to maintain their credibility, so we're seeing safer shampoo products, we want to pass laws. >> radiation is the longest and best studied exposure link to breast cancer and what can we do about that, some radiation is naturally occurring, but we know that since 1980, radiation exposures for the average person have doubled and most of that is probably due to a 600 % increase in medical radiation, we're
the world will end december 21. dams day believers exist everywhere but china has the highest percentage apparently. >> back here. cal-trans today appointed the first woman to be the state chief engineer. carla will be responsible for all engineering aspects of the department construction projects across the state. she will oversee 9,000 employees and annual budget of nearly 2 billion dollars. she has been with cal-trans for 26 years. >>> times person of the year will be known tomorrow but 2 ceo from silicon are among the fineist. yahoo and apple found e o are in the running. an cook replaced steve jobs last year when the former ceo passed away. the other 6 nominee include president obama. bill and hilary clinton. egyptian president morsi and undocumented americans. we shall find out tomorrow. >> come up. major step toward equity for women in the military. the decade long ban on its way toward being lifted. >> plus. i'm if sacramento. in response to the connecticut shooting state lawmakers introduced more gun control la laws. state treasurer wants to pull investment money fr
went into a school, he got 22 kids. and they are all alive today because it happened in china. and he attacked the children with a knife, because that was the most deadly weapon he could get his hands on because that was in his village. so no, there are not a lot of different ways the murder at sandy hook elementary school could have been committed. there is only one way, the way that wayne lapierre wants to preserve, mass murder by firearm. an all-too-common american way of death. >> i think the american public is -- has had their fill of what happened last night. >> no, that was not wayne lapierre speaking the day after the massacre of the children and the women at sandy hook elementary school. he has been in hiding since then. that was wayne lapierre the day after this happened. >> our current gun culture ensures that more and more domestic disputes will end in the ultimate tragedy. and that more convenient store confrontations over loud music coming from a car will leave more teenagers bloody and dead. handguns do not enhance our safety, they tempt us to pursue arguments, rather t
offshore natural gas producing fields in china for $308 million in cash. they're out of there. shares closed up shoe slightly on that news. >>> north dakota oil production rises to a record 23.1 million barrels in november! the state department of mineral resources says that is up more than a million barrels just from september! you go, north dakota!. >>> next up a request to send 1.5 dal billion in aid to syria. will throw money at the problem make it go away or is the time coming to take some real action? >>> speaking of billions of dollars, that's about how much it is going to cost our economy every day in the a union makes good on its new threat after port strike. will uncle sam have to step up and break the picket lines? "piles of money" coming up. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated
in the past too. they don't want to admit. they're looking to give countries like china and russ a way out of enfoing theanctions. right now the world is prettynited against ira if tngs chge down the road they don't want to be on record saying they have a bomb program. they would rather give this excuse to countries that may want it oppose us on further imposition of sanctions. melissa: michael, thanks for coming on the show. >> my pleasure. thank you. >> more breaking news on knight cam tall. adam shapiro with the latest on that. adam? hey, adam. melissa: adam turning the channel on us. we'll go back to him when we have the news. turning natural gas to liquid gold? a brand new plan to turn our surplus of natural gas into clean-burning diesel. details on that breakthrough ming u next. >>> an urban success story. irving, texas, makes it rain while other cities are going broke the mayor is here to share what they are doing right. she also has some advice for the federal government. clearly they need it. i can't wait for this. "piles of money" and good sense coming up. ♪ . melissa: a now fo
on but not that ad that played the whole china card. paul ryan wanted to do an ad earlier on framing the issue in janesville, his hometown, where there was a shuttered gm plant. the romney campaign trying to play catch-up at the end of the campaign and address issues that should have been addressed months ago where romney was on the auto bailout. they never wanted to talk about it because there was a thought that's playing into obama's terrain, let's not go there. >> the most interesting thing that i think has not been reported, if you will, there wasn't a lot of in-fighting in romney world. was there not disagreement? did everybody just buy into the stewart way of doing things? >> stewart was a fairly polarizing figure but comparatively to other campaigns, they did get along pretty well. we found out that ed gillespie at the end of the campaign was trying to do more with hispanics and women and he did run into stewart stevens some. >> but nothing like the tension you normally would expect in a losing campaign. >> not like sort of kerry '04 or certainly mccain '08. nothing like that, no. jonat
to china. what? >> still the bain of mitt's existence. >>> up next, the benghazi report, hillary clinton's state department is getting the blame for bad management and inadequate security. that's ahead here tonight. this is "hardball," the place for politics. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. you're not using too much are yo
and exchanges with china. we are also enhancing our presence and capabilities in the region. that includes reallocating the naval fleet to achieve in the next few years a 63 coo 40 split between the pacific and the land goshen's. hopefully we will do that by 2020. the increasing army and marine presence in the region after iraq and afghanistan locating our most advanced aircraft in the pacific including the new plans as f-22 is and the envy 22 to japan. laying the groundwork for the first overseas deployment of the f35 joint strike fighter in 27 tiberi. the strategy is that as we do force projection for in the asia-pacific and in the middle east we still have to maintain our golden leadership and presence by building innovative partnerships and partner capacity across the globe and using these innovation deployments as a way to do exercises and training with other countries developing their capabilities so that they can help provide for their own security and latin america and africa and europe and elsewhere the past decade of the war the most effective way to address longer-term challenge
little contact with anyone except for his mother. >>> in china 500 people have been detained for spreading rumors that the world will end this friday. they belong to a group called almighty god. they are accused of preaching about the mayan prof if hecy that some believe the world will end this friday -- prophecy that some believe the world will end this friday. >>> and here in the bay area, a group of scientists plan to get together and debunk rumors of the doomsday. they will be at deer valley high school and plan to explain what the myian calendar is about and why friday's date does not mean the end of the world. the presentation is from 4:00 to 7:00 p.m. >>> the drakes oyster bay says it will challenge the agreement that will allow the company to plant and grow new oysters. now, the new deal was reached so some of the employees could keep their jobs through the holidays. the mobile homes those workers live in will not have to be removed immediately. drakes bay has until march 15th to remove all personal problem. >>> 8:15. a closed-door briefing in washington this morning.
. host: the stories are "the in- sourcing boom" and "mr. china comes to america. both can be found at theatlantic.com. thanks for joining us. we will take you live to the house floor. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's room, washington, d.c., december 19, 2012. i hereby appoint the honorable daniel webster to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the chair will receive a message. the messenger: mr. speaker, a message from the senate. the secretary: mr. speaker. the speaker pro tempore: madam secretary. the secretary: i have been directed by the senate to inform the house that the senate has agreed to s. res. 624, relative to the death of the honorable daniel k. inouye, senator from the state of ohio. -- hawaii. the speaker pro tempore: pursuant to the order of the house of
as in china we went and helped people in small businesses that have been wiped out temporarily to be able to come back, our fishing people deserve emergency assistance to tide them over and help them through this most critical time. i would turn to the senator from alaska and the senator from new hampshire, and ask what that means to the state of new hampshire if she might share with us. mrs. shaheen: my friend from massachusetts understands the challenges we have in new hampshire, as does senator whitehouse from rhode island, because, in fact, fishing is one of the oldest industries that we have in new england. and new hampshire it dates back over 400 years. because we have a much smaller coastline than massachusetts and rhode island, we have a smaller -- smaller group of people who earn their living through fishing, but they have smaller boats, and therefore they're more affected by some of the fishing regulations and some of the adverse weather conditions that have affected fishing. about 90% of the fishing that new hampshire's fishermen do is for cod and cod is the species that has be
and the philippines, and expanding our mil-to-mil dialogue and exchanges with china. we are also enhancing our presence and capabilities in the region. that includes reality the naval fleet -- reallocating the naval fleet to achieve a 60-40 split between the pacific and atlantic oceans. hopefully will do that by 2020. increasing army and marine presence in the region, after iraq and afghanistan. locating our most advanced aircraft in the pacific, including the deployment of f-22's and the in the 22 ospreys in japan. and laying the groundwork for the first overseas deployment of the f-35 joint strike fighter in 2017. the third element of our strategy is that as we do force projection in the asia-pacific and in the middle east, we still have to maintain our global leadership and presence. i building innovative partnerships and partner capacity across the globe, and using these innovative rotational deployments as a way to do exercises and training with other countries, developing their capabilities so they can help provide for their own security. in latin america, in africa, in europe and elsewh
three behind canada and china, about $460 billion a year. so lot of levers we can use here. of that $460 billion, a huge amount is tourism. is it really worth them sort of gaining this venal corrupt image with this violence. do they want o pay the millions and millions, possibly hundreds of millions in lost tourism just so they can do whatever it is that the corrupt local government is doing to this? >> steve: one of the things is this guy is being charged with is he brought into the country of mexico a gun used by the military, ammunition used by the military as well. you know what? that is flat out not true. this is a case that is so easy to dismiss and yet, we're five days away from christmas and that guy is sitting down there. >> brian: it takes some high ranking person in the state department to pick up the phone and say, get him out of there. >> steve: how about the president? they've got cable in the white house. they're watching fox news channel. that would be great for that family if he -- >> brian: even they get satellite dish. even if it's direct tv, they probably still get us
are pretty similar. we face the same issues with a competitive ship to economic power to china and the like. we have to educate our children better. we're doing the things. i think the issues we take on entitlement reform and education reform, these are the things that the u.s. congress and administration have to tackle in the next year on or so. >> what about europe? will the euro zone up stick together and will the uk start part of the union? david cameron said in the last couple of days there may need fob a referendum on that. >> the euro zone will stick together. they made a decision through this year. they made a decision to keep themselves together, and britain be want to be a fully fledged member of the european union and not of the euro zone. we don't have to merge our kurn stee, we don't have to american our budget policies, we don't have to do all the things they need to do to make their currency work. by the way, alexander hamilton taught us all you need to do to make single currency work a couple years ago. >> here's a point of view from the upcoming issue of the new york magazi
it -- and partners such as singapore and the philippines and expanding our dialogue and -- in exchanges with china. we are also an handed our presence and capabilities in the region. that includes -- expanding our presence and capabilities in the region. that includes allocating our naval fleet to have a 60/40 s plit between the pacific and atlantic oceans, increasing army and marine presence in the region. locating our most advanced aircraft in the pacific, including new deployments of f- 22's and the mv22's to japan. and lay the groundwork for the first overseas deployment of the f-35 joint strike fighter. the third element of our strategy is that as we do force projection in the asia-pacific and middle east, we still have to maintain our global leadership and presence by building innovative partnerships and partner capacity across the globe and using these innovative rotational deployment as a way to do exercises and training with other countries, developing their capabilities so they can provide for their own security. in latin america, africa, europe, and elsewhere. the past decade of war has
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